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Why did the "Tang Dynasty", which had unprecedented economic and cultural prosperity, experience a money shortage crisis in the middle and later stages?

The Tang Dynasty was a very powerful dynasty in the history of our country. It was proud of the world in terms of economy, culture and military. However, in such a prosperous country, many things happened in the middle and late period. Rare? Money shortage? Crisis. The reason why "money shortage" occurred in the Tang Dynasty was mainly because the Tang Dynasty developed too fast in the early and middle periods, which made the people in the Tang Dynasty become more and more extravagant. Excessive consumption led to the emergence of "money shortage". In addition, the outbreak of the Anshi Rebellion and the implementation of the "Two Taxes Law" also caused the money shortage.

After the founding of the Tang Dynasty, through the efforts of several generations of leaders, the Tang Dynasty became the largest country in the world at that time. The economic strength of the Tang Dynasty has been unprecedentedly improved in a short period of time. During the reign of Emperor Xuanzong of the Tang Dynasty, the implementation of various policies that benefited the people not only enriched the national treasury, but also made the people rich. However, the superficial beauty paved the way for the subsequent "money shortage" of the Tang Dynasty. After the country became rich, its people began to indulge in pleasure, and extravagance became very popular throughout the country. In this long-term comfortable life, money was consumed very quickly, and the foreshadowing of the "money shortage" was buried. Got off.

Then, the outbreak of the Anshi Rebellion completely exposed this danger hidden under the surface. During this period, the Tang Dynasty was extremely chaotic, and all aspects were destroyed, among which the currency was the most serious. . Since many vassal towns announced that they were no longer under the control of the Tang Dynasty, a large number of counterfeit or privately made currencies flowed into the market. This seriously undermined the monetary policy formulated by the Tang Dynasty and reduced the amount of real currency significantly. After the Anshi Rebellion, Later, this crisis was revealed.

During the reign of Emperor Dezong of the Tang Dynasty, the "Two Taxes Law" began to be implemented nationwide. The taxes levied by the Tang Dynasty court began to gradually convert from physical goods to currency, which caused the currency in the hands of the people to decrease significantly. Coupled with the chaotic management in the middle and late Tang Dynasty, local officials continued to increase their oppression of the people, causing a huge decline in the currency circulating among the people. Not long after this policy was implemented, the troubles planted by the Tang Dynasty in the early stage were fully revealed, and the "money shortage" also appeared.